Today, 25 May 2018, the Governor of the National Bank of the Republic of Macedonia, Anita Angelovska Bezhoska, PhD, and the Minister of Finance, Dragan Tevdovski, PhD, attended the ministerial dialogue between the EU and the Western Balkans countries and Turkey in the Council of the EU, in Brussels. This dialogue is held every year under the Economic Reform Programme of the Candidate Countries.
At the meeting, the EU and Western Balkans countries and Turkey adopted joint conclusions of this year's economic and financial dialogue. The conclusions contain positive assessments of the monetary policy setup, the stability and the performances of the banking system, including the progress in the reduction of the level of euroisation of the banks' balance sheets and non-performing loans. The countries of the EU, the European Commission and the European Central Bank recommend continuation of the strategy of a stable exchange rate, which is in favor of maintaining price stability in the economy. The implementation of the strategies for managing non-performing loans and deeuroisation, which were previously recommended within this dialogue and are currently in the process of consultation with other relevant institutions, are expected to contribute in the future to further improvement of the monetary transmission and lending to the private sector.
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